Americold Realty Trust, Inc. (NYSE:COLD) Stock Position Increased by Vision Capital Corp

Vision Capital Corp lifted its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 44.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,194,720 shares of the company's stock after purchasing an additional 365,000 shares during the period. Americold Realty Trust comprises approximately 4.1% of Vision Capital Corp's portfolio, making the stock its 6th biggest holding. Vision Capital Corp owned about 0.42% of Americold Realty Trust worth $25,567,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in shares of Americold Realty Trust in the 4th quarter valued at approximately $25,000. Venturi Wealth Management LLC lifted its position in Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after buying an additional 2,033 shares during the period. Vestcor Inc purchased a new position in Americold Realty Trust during the fourth quarter valued at $86,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Americold Realty Trust during the 4th quarter valued at $86,000. Finally, Headlands Technologies LLC grew its position in shares of Americold Realty Trust by 2,681.3% in the 4th quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock worth $92,000 after buying an additional 4,156 shares during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Scotiabank reduced their price objective on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research report on Thursday, April 10th. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and lowered their price target for the stock from $26.00 to $21.00 in a research report on Wednesday, April 9th. Finally, Citigroup dropped their price target on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $28.00.

Americold Realty Trust Trading Down 1.2 %

COLD stock traded down $0.24 during mid-day trading on Friday, reaching $19.91. The company had a trading volume of 1,206,720 shares, compared to its average volume of 2,179,376. The company has a market capitalization of $5.66 billion, a PE ratio of -58.56, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. The firm has a 50 day moving average of $20.95 and a 200 day moving average of $22.28. Americold Realty Trust, Inc. has a 12 month low of $16.67 and a 12 month high of $30.45. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.27. The company had revenue of $666.44 million for the quarter, compared to analysts' expectations of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. On average, equities analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were given a $0.23 dividend. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.62%. Americold Realty Trust's dividend payout ratio (DPR) is presently -270.59%.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.